Edmonton Real Estate Statistics – April 28, 2009
For all of you that were looking for the statistics yesterday I apologize for being a day late. I will continue to try and post them on monday morning.
As of today there were 2,529 residential listings in Edmonton proper. A number that seems to be holding fairly stable at the moment. However the number of sales are on the rise. In the past 30 days there were 778 single family homes sold in Edmonton proper.
That would give us a listings to sales ratio of 3.25:1. That is the third straight week in a row that the ratio has been below that crucial 4:1 level. This is an indicator that valuations are going to be rising.
So if you are thinking of buying do it now and potentially save yourself thousands of dollars.